Saturday, 6 February 2016

Seminar on "Recent Developments in Indian Banking and Insurance sector"


Moving ahead on the path of reaching out to becoming one of the leading professional Institutes on a Global Context the first Industry Interactive Seminar was held at the RNB Global University, Bikaner, Rajasthan under the Helm of affairs of the Senior Management, and the guidance of the Hon’ble President.

The Seminar was in three phases, the Inaugural session where the Chief Guest was Mr Sudhanshu Mohan Mishr “Alok” Senior Divisional Manager, LIC, Bikaner and then in the second phase was the First Technical session on the Growth Prospects in the Insurance Industry and the speakers were Dr.Akshay Pandey, Assistant Administrative Officer, LIC, Bikaner and Mr. Ajay Diama, Branch Head, SBI General Insurance. The third phase was a technical session on the Developments in the Banking Industry where the session was chaired by Mr, Tej Singh Rathore , DGM, Bank of Baroda, Bikaner and the Speakers for this session were Mr. Ghansyam Sharma, Chief Manager, PNB, Bikaner, Mr. Ankur Garg, Branch Manager, IDBI, Bikaner, and Mr. Ashok Tiwari, Branch Manager, Allahabad Bank, Bikaner.

The inaugural session began with a welcome to the delegates with the opening address of the Hon’ble President, RNB. This was followed with the inaugural speech by the chief guest for the Inaugural session Mr. Sudhanshu Mohan Mishr “Alok”, SMD, LIC, Bikaner. He gave a brief clarity on the misnomers of the insurance sector , especially with the fresher’s who may be apprehensive to  join this industry and also portrayed a chart of growth prospects in this industry expressing his gratitude for having been invited by RNB to address the future leaders.

After the Inaugural session the first Technical Session on the Insurance Industry was announced as open and the Chief Guest who kindly consented to Chair the session.

The first speaker for the morning Dr. Akshay Pandey in a very meticulous presentation clarified apprehensions about investments in Insurance and mutual funds and at the same very patiently answered queries of the audience related with payment of claims and the problems faced by the consumers because of claims. 

The second speaker for the morning Mr. Ajay Diama along with his associate Mr. Pradeep  swayed the audience with his very interactive session which not only informed about the Growth opportunities in this sector but also clarified to the prospective candidates about the misnomers of the core finance profiles in the market. All in all it was an absolutely synchronised session between three eminent speakers from the industry.

Post lunch it was the second technical session for the day on Growth prospects in the Banking Industry which started with a warm welcome extended to the speakers Mr.Ghanshyam Sharma , Chief Manager, PNB, Bikaner, Mr. Ashok Tiwari, Branch Manager, Allahabad Bank and Mr. Ankur Garg Branch Manager, IDBI Bank, Bikaner. The secod technical session was chaired by our revered guest Mr.Tej. Singh. Rathore, DGM, Bank of Baroda.

The first Speaker Mr. Ghansyam Sharma threw light on the extensions and growth that the Banking Industry has witnessed since Independence and why there was a requirement for liberalisation of the banking sector.

The second speaker for the day Mr. Ankur Garg emphasised the reason for competition between the PSU and Private Banks and how this competition has positively helped the economy to grow as a whole and has also opened several venues for the Public Banks.

The third Speaker of the second session Mr. Ashok Tiwari, Branch Manager, Allahabad Bank, Bikaner in a very easy and Business to Client terminology talked about the fact that even though it is the Banking sector highlighting knowledge of Finance and investments but the central nervous system hails to be the Marketing Skills which in the earlier days were silently used as a tool in the Banking Sector and today have become the threshold of the banking Sector like in any other industry. This was indeed an eye opener to many especially the candidates are looking for a career in the Finance Market.

The Chairperson  Mr. Tej. Singh Rathore very amicably summed up what had been presented by all the speakers kneading threads in a simple manner answers to a lot queries. 

Acknowledging the gracious presence of the distinguished guests and their taking time off to share their knowledge and experience with the budding stars of RNB, the Hon’ble President presented mementos to them as a token of goodwill . 

The MBA students coordinated the entire event under the guidance of the conveners. Being the first seminar at RNB since its inception just a few months back it was an absolutely correct and flawless staging of talks from senior managers in the market and a wonderful platform for RNB as this would help us bridge the gap between the theoretical learnings and the practical implementation realities of the market for the students.


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